Esker, a provider of document process automation solutions and SAP software solution and technology partner, has announced it has reached an agreement with Multiradio S.A., an Argentina-based telecommunications company. Multiradio has selected Esker’s cloud-based Accounts Payable solution to integrate with its existing SAP application in an effort to automate its vendor invoicing process.
Multiradio handles approximately 1,400 vendor invoices each month, with the average document being eight pages. Esker’s Accounts Payable solution will be leveraged as an on-demand automation service to integrate with Multiradio’s SAP system, effectively streamlining every phase of vendor invoice processing.
“When we realized our AP process was getting too complex, the goal was to consolidate the process using a cloud solution — Esker had everything we were looking for in terms of SAP integration and workflow,” said Monica Melito, CFO at Multiradio. “We considered going the BPO route but, through my involvement with ASUG, I knew of Esker’s experience with cloud computing. We couldn’t have asked for a better solution for our first on-demand project.”
As the demand for immediate payments implementation grows in the United States, Iliad Solutions have identified one of the largest risks to face the payments industry over the next few years.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.